SP Setia

From Wikipedia, the free encyclopedia
Jump to: navigation, search
S P Setia Berhad
Publicly traded government-linked company
Traded as MYX: 8664
ISIN MYL8664OO004
Industry Property Developer
Founded 1974
Founder Liew Kee Sin
Headquarters Setia Alam, Shah Alam, Selangor, Malaysia
Key people
Tan Sri Dato' Seri Dr. Wan Mohd Zahid Wan Mohd Noordin, Chairman
Dato' Khor Chap Jen, President and CEO
Parent Permodalan Nasional Berhad
Website www.spsetia.com.my

S P Setia Berhad (MYX: 8664) is a Malaysian property, infrastructure and business company. It was founded by well-known property development figure, Liew Kee Sin.[1] Since its inception, SP Setia Berhad has become an established property development company based in Malaysia.

List of Projects[edit]

Local[edit]

Klang Valley[edit]

Johor Bahru[edit]

Penang[edit]

Kota Kinabalu[edit]

International[edit]

Vietnam[edit]

Singapore[edit]

Battersea Power Station and Liew's Resignation[edit]

On 2012, S P Setia expressed interest in bidding to acquire Battersea Power Station which is located in Battersea, London, United Kingdom. If S P Setia failed in its bid to acquire Battersea Power Station, it had planned to look for other sites in London.[2] On June 2012, Knight Frank announced that Ernst & Young has made an exclusive agreement with S P Setia and Sime Darby to agree on the final terms of the deal[3] after SP Setia won the bid of the Battersea Power Station against Chelsea FC.[4]

Just like other private-turned government-linked companies in Malaysia, Liew was forced to resign when majority of the company shares were bought and controlled by the Malaysian government through its linked companies controversially.[citation needed] He then co-founded EcoWorld development group alongside with former colleagues who left S P Setia together with him.[citation needed]

References[edit]

External links[edit]